Commentary Eight times a year the Federal Open Market Committee meets to review economic and financial conditions to determine the appropriate positions for monetary policy to maintain full employment and price stability. At its recent March 2022 meeting, the FOMC voted to raise the Federal Funds Rate to reduce aggregate demand in hopes to squelch…
The Fed Increased Rates—Now What?
March 27, 2022
admin
AnalysisBusiness & EconomyBusiness Columnistseconomic policiesFedFederal Reserveinflationinterest ratesOpinion
0 Comment
News Analysis With inflation running well above the Fed’s stated target, earlier this month the Fed made its first steps in an attempt to quell inflation, raising the federal funds rate by 25 basis points. A 25 basis point interest rate increase on its own is unlikely to make a dent in inflation. But the…
Possibility of 50 Basis Point Fed Hike Pushes Yen and Euro Down
March 22, 2022
admin
Business & EconomycommoditiescrisiscryptocurrencyCurrencieseconomic policieseconomyEuropeFedForexglobalMarketsratesRussia-Ukraine WarstocksUkraineWorld
0 Comment
LONDON—The dollar rose on Tuesday as Federal Reserve Chair Jerome Powell put the possibility of 50 basis point rate hikes on the table, while the yen fell below the psychological 120 level as the Bank of Japan reiterated its support for ultra-loose monetary policy. The euro was also under pressure, sliding to an almost one-week…
Goldman Sees Fed Hiking Rates by 50 bps at May, June Meetings
Goldman Sachs expects the U.S. Federal Reserve to raise interest rates by 50 basis points each at its May and June meetings, following hawkish remarks by the central bank’s chair Jerome Powell. The Fed must move “expeditiously” to raise rates and possibly “more aggressively” to keep an upward price spiral from getting entrenched, Powell said…
Fed Begins Inflation Fight With Key Rate Hike, More to Come
WASHINGTON—The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the 1970s, raising its benchmark short-term interest rate and signaling potentially up to seven rate hikes this year. The Fed’s quarter-point hike in its key rate, which it had pinned near zero since the pandemic recession struck two years ago, marks…
Stocks Steady After Fed Hike, BoE’s Turn Next
LONDON/TOKYO—Europe’s stock markets consolidated strong gains made in Asia on Thursday, after China signalled more support for its spluttering economy and the Federal Reserve had pressed ahead with the first U.S. interest rate rise in more than three years. Traders remained gripped by the devastating war in Ukraine, but with hopes of possible a peace…
Biden Pledges $800 Million in New Aid for Ukraine; Signs of Progress in Latest Talks Between Russia and Ukraine | NTD Evening News
President Joe Biden pledges $800 million in new aid for Ukraine, the Federal Reserve raises interest rates for the first time since 2018 in an effort to fight inflation, and California lawmakers consider a bill that would hold tech companies liable for social media addictions in children.
Fed Raises Rates, 1st Time Since 2018; Oil Prices Dropping, Why Aren’t Gas Prices? | NTD Business
The Fed will fight inflation, raising rates for the first time since 2018. But what are the risks? The price of oil has dropped $30 from its highest point a week ago, but gas prices are not easing much. Why is that? Is China trying to distance itself from Russia? Beijing recently said it has…
LIVE at 2:30 PM ET: Federal Reserve Chair Jerome Powell Gives Update on Interest Rate Policy
The Federal Reserve is expected on Wednesday to announce that it is speeding up the end of its pandemic-era bond purchases and signal a turn to interest rate increases next year as a guard against surging inflation.
Tech, Growth Stocks Lead Wall Street to Lower Close as Investors Focus on Interest Rates
NEW YORK—Major U.S. stock indexes closed mostly lower on Monday, led by a more than 2 percent drop in Nasdaq, as investors sold tech and big growth names ahead of this week’s Federal Reserve meeting and an expected hike in interest rates. The Dow ended flat, with financial and healthcare shares giving the index some…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`